2014 CAD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 CAD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 161.1770. Conversely, the yearly low was recorded on January 22, dropping to 144.1692.
This high-to-low spread represents a total annual volatility of 17.0078 NGN. From a start-to-finish perspective, comparing the January average rate of 146.6561 to the December average rate of 157.6592, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 161.1770 was up 1.00% compared to the 2013 peak of 159.5889, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
CAD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 148.3063, compared to 150.6344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3281 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 11.4354 NGN (High: 157.3292 / Low: 145.8938). On the other end, March was the most stable month, with a tight range of 2.5067 NGN (High: 149.2831 / Low: 146.7763).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.8011 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 157.6592) against the same month in 2013 (average: 149.5924), the exchange rate shifted by +8.0668 (+5.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 150.5491 | 144.1692 | 146.6561 |
| February | 150.0327 | 146.1645 | 148.2152 |
| March | 149.2831 | 146.7763 | 148.3073 |
| April | 149.7263 | 145.7446 | 147.4987 |
| May | 149.9918 | 144.9727 | 148.4794 |
| June | 152.8801 | 148.6045 | 150.6811 |
| July | 152.9907 | 148.5281 | 151.1422 |
| August | 149.6611 | 146.8923 | 148.3411 |
| September | 149.9413 | 146.3352 | 148.1998 |
| October | 147.9364 | 145.0620 | 146.7947 |
| November | 157.3292 | 145.8938 | 151.6692 |
| December | 161.1770 | 154.1530 | 157.6592 |